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Pudu Technology Completes C3 Round Of Financing Of Over 100 Million Yuan

Feb 28, 2023

Recently, Pudu Technology, a commercial service robot company, announced the completion of the C3 round of financing of over 100 million yuan. This round of financing was exclusively invested by Puhua Capital, and Taihe Capital continued to serve as the exclusive financial advisor. The funds raised this time will be mainly used to establish a new production base of Purdue Technology to expand production capacity and develop commercial cleaning scene products.

It is reported that Pudu Technology is a national high-tech enterprise in the field of commercial service robots, focusing on the research and development, design, production and sales of commercial service robots, and its business has covered more than 600 cities in more than 60 countries and regions around the world.

Under the background of the global service industry facing the common labor problem of "difficulty in recruiting workers", Pudu Technology has officially launched a large-scale overseas market since 2020, and its shipments have grown rapidly. 8% increased to more than 80% at the current stage.

As a R&D-driven company, Pudu Technology has achieved self-development and self-production of the four core components of commercial robots: motor, single-line laser radar, RGB depth camera, computing platform & motion controller.

Zhang Tao, founder and CEO of Pudu Technology, said: Pudu Technology has developed steadily in terms of basic distribution, and the speed of overseas shipments is still accelerating. In terms of sales model, Pudu Technology focuses on sales, which will account for more than 90% of sales in 2022, and refuses to exchange low-price models and a large number of leases for shipment growth, ensuring solid operating indicators such as payment collection. In 2022, the company's operating cash income will increase by nearly 40% year-on-year, and its shipments will exceed 20,000 units. High-end distribution products such as "Bella" are widely recognized by the global market, and once won a single order of 3,000 units from the Japanese catering leader Skylark Group, setting an industry record.

It is understood that the current product matrix of Pudu Technology includes indoor delivery robots such as Happysong, Haola, and Bella, building delivery robots Lightning Box, cleaning robots PUDU CC1, PUDU SH1, etc., and disinfection robots such as Happy Xiao 2. Prior to this, Pudu Technology announced that it has realized the large-scale application of its self-developed vSLAM (Visual Localization and Mapping) technical solution through the latest distribution robot product "Happy Delivery 2". As an important breakthrough in the field of commercial robots, the vSLAM solution has qualitatively improved products in terms of positioning accuracy, positioning reliability and scene adaptability.

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